Revenue segments as reported by the company.

Used Vehicle Sales

Wholesale Vehicle Sales

Other Revenues

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

SG&A

Interest Expense

Other Expense

Goodwill impairment

Gain on debt extinguishment

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Carvana

Carvana Co. is a holding company and an eCommerce platform, engages in the buying of used cars and provision of different and convenient car buying experiences. It operates through the following segments: Vehicle Sales, Wholesale Vehicle Sales, and Other Sales and Revenue. The Vehicle Sales segment consists of used vehicle sales to customers through its website. The Wholesale Vehicle Sales segment consists of the proceeds from vehicles sold to wholesalers. The Other Sales and Revenue segment consists of sales of automotive finance receivables originated and sold to third parties. The company was founded by Ernest Garcia, III, Benjamin Huston and Ryan Keeton in 2012 and is headquartered in Tempe, AZ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Carvana tackles challenges, focuses on profitability and operational efficiency

Carvana is navigating challenges from supply chain disruptions and rising interest rates while focusing on reducing expenses, improving operational efficiency, and achieving profitability. The company's performance in Q4 2022 was impacted by unique items, but they have a strategic plan in place to drive financial progress and leverage opportunities for growth.

Carvana focuses on profitability, eyes positive Q2 EBITDA growth

Carvana's Q1 2023 performance showcased a shift towards profitability and operational efficiency.
Despite challenges in retail units sold and revenue, the company is poised for positive adjusted EBITDA in Q2.
Strengths in cost reduction, sourcing improvements, and liquidity position Carvana for future growth.
Opportunities in backlog receivables, loan sales, and market share expansion offer avenues for continued success.

Carvana excels in Q2 with record GPU and debt reduction

Carvana's strong Q2 performance showcased positive adjusted EBITDA, record GPU, and successful expense reduction. Despite market challenges, the company remains focused on profitability, operational efficiency, and growth plans.

Carvana reports strong Q3 earnings, eyes profitable growth opportunities

Carvana's strategic plan focuses on operational efficiency before growth, aiming for positive adjusted EBITDA and total GPU above 5,000. The company remains optimistic about becoming the largest and most profitable auto retailer.

Carvana reports record-breaking Q4 earnings, eyes growth opportunities in 2024

Carvana's exceptional financial performance in 2023 continued into Q4, with record GPU and adjusted EBITDA. Despite challenges in retail unit sales and revenue decline, the company remains optimistic about growth opportunities and efficiency gains. With a focus on balancing efficiency and growth, Carvana is poised for continued success in 2024.

Carvana achieves record profitability in Q1 2024 earnings call

Carvana's Q1 2024 performance reflects strong financial metrics, operational efficiency, and customer-centric strategies.
The company's focus on scalability, efficiency gains, and technology-driven improvements positions it for sustainable growth.
While challenges and competition persist, Carvana's emphasis on customer experience and financial discipline bodes well for future success.
With a solid foundation and strategic initiatives in place, Carvana is poised to capitalize on growth opportunities and enhance profitability.

Carvana excels in Q2, eyes market expansion and customer-centric strategies

Carvana's landmark Q2 solidified its lead as a fast-growing and profitable automotive retailer. The company's focus on customer experience, growth, and long-term vision of becoming the largest in the industry remains unwavering.

Carvana achieves record-breaking Q3 results and plans for growth

Carvana's Q3 performance was outstanding, setting new records and surpassing expectations.
While facing challenges like increased advertising spend, the company is well-positioned for growth.
Continued focus on operational excellence and customer satisfaction will drive future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Carvana Co. is a holding company and an eCommerce platform, which engages in the buying and selling of used cars. The company was founded by Ernest Garcia, III, Benjamin Huston and Ryan Keeton in 2012 and is headquartered in Tempe, AZ.

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An innovative business model and large addressable market could result in huge growth. Management is committed to moving Carvana to profitability.

This Growth Stock Could 10X in 10 Years

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Carvana has truly disruptive potential, and it's looking at a large addressable market. But investors will need to see progress by the online auto retailer toward profitability.

Where Will Carvana Stock Be in 3 Years?

In the latest trading session, Carvana (CVNA) closed at $33.87, marking no change from the previous day.

Carvana (CVNA) Flat As Market Sinks: What You Should Know

Carvana's stock dropped due to an analyst rating update, highlighting the company's volatility and weak financial health. The company's recent financial results showed a decrease in sales and a net loss, although there were some improvements compared to previous quarters. Carvana's debt exchange and credit rating downgrade raise concerns about its ability to meet obligations, while the used car market in the U.S. also faces challenges.

Carvana Stock: Bulls And Bears Might Lose Big

After delivering an astounding performance so far this year, online used-car retailer Carvana (NYSE: CVNA ) is finally showing some signs of distress. Even worse, the recent wave of red ink has caught the attention of an Exane BNP Paribas analyst who views the enterprise skeptically.

Why Is Carvana (CVNA) Stock Down 10% Today?

Carvana stock is down because one analyst has moved to the sidelines. The company is still benefitting from strong prices in the used-car market but still has more work to do regarding profitability.

Why Carvana Stock Dropped Today

In the most recent trading session, Carvana (CVNA) closed at $39.04, indicating a +0.44% shift from the previous trading day.

Carvana (CVNA) Rises But Trails Market: What Investors Should Know

Carvana Co.'s bondholders could run against a “tough combination” of rising interest rates and double-digit financing costs, leading some consumers to tap the brakes on buying a used car.

Carvana's bondholders face ‘uncertainty' in used-car market and volume worries

PHOENIX--(BUSINESS WIRE)--Carvana is teaming up with mountain bike star rider Jaxson Riddle for the Styled & Dialed giveaway ahead of the famed Red Bull Rampage.

Carvana Inks New Multi-Year Partnership With Freeride Mountain Bike Star Jaxson Riddle

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Carvana overextended itself with a growth-at-any-cost strategy. Management's focus on rightsizing the business resulted in a material reduction in the number of cars sold.

Carvana's Turnaround Plan Seems to Be Missing 1 Key Detail

Carvana shares are down this week but still up hundreds of percentage points this year. The stock may be falling due to rising interest rates and the UAW strike.

Why Shares of Carvana Slumped This Week

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its third quarter 2023 financial results for the period ended September 30, 2023, after the market closes on Thursday, November 2, 2023. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company's business and results. What: Carvana Third Quarter 2023 Financial Results Conferenc.

Carvana to Report Third Quarter 2023 and Host Quarterly Conference Call on November 2

Carvana got a credit rating upgrade, but the gains didn't last. The Federal Reserve now expects interest rates to remain elevated for longer than previously thought.

Why Carvana Stock Lost 17% in September

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Shares have rebounded as the company moves closer to generating a profit. The online used car dealer has sacrificed growth in order to stave off bankruptcy.

Carvana Stock Is Up 745% This Year: Is It Too Late to Buy Shares?

Carvana is taking steps to rightsize the business after consumer demand slowed.

Should Investors Buy Carvana Stock Right Now?

PHOENIX--(BUSINESS WIRE)--Carvana is offering a one-year pro sponsorship to the winner of this year's Carvana | NRG Combine in search of the next pro Rocket League player.

Carvana and NRG Partner to Launch Esports Challenge: The Search for the Next Rocket League Pro Begins

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Carvana's financial situation is still cause for concern. It has yet to achieve positive net income.

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Investors seemed uncertain about the impact of the UAW strike. Interest rates are expected to go even higher, which could affect Carvana's demand.

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News for Carvana Stock (CVNA)